The Opening Range = the price high and low set during a fixed starting window of a trading session (for example, the first 15 or 30 minutes after market open).
ORB High = the highest price reached in that window.
ORB Low = the lowest price reached in that window.
These two levels create the ORB box.
🔹 How It Works
Draw the Box
Mark the high and low of your chosen opening range (e.g., 9:30–10:00 AM NY time).
Wait for Breakout
If price breaks above the ORB high, you look for a long entry.
If price breaks below the ORB low, you look for a short entry.
Confirm with Trend
Always check the higher timeframe bias (Buyers 🟢 / Sellers 🔴 / Neutral ⚪).
Only take the breakout in the direction of the market bias for higher probability.
🔹 Trade Management
Entry: On candle close outside the ORB box (not just a wick).
Stop Loss: Inside the box, typically just beyond the opposite side.
Take Profit: 1:1, 2:1 R:R, or next support/resistance level.
No Trade: If price chops around inside the box without clear breakout.
🔹 Why Traders Use ORB
It captures early session volatility.
Gives defined risk with the box.
Works across assets (XAU/USD, FX pairs, indices, even stocks).
👉 In short:
Box = Balance.
Break = Imbalance.
Trade the break with the trend, not against it.
ORB High = the highest price reached in that window.
ORB Low = the lowest price reached in that window.
These two levels create the ORB box.
🔹 How It Works
Draw the Box
Mark the high and low of your chosen opening range (e.g., 9:30–10:00 AM NY time).
Wait for Breakout
If price breaks above the ORB high, you look for a long entry.
If price breaks below the ORB low, you look for a short entry.
Confirm with Trend
Always check the higher timeframe bias (Buyers 🟢 / Sellers 🔴 / Neutral ⚪).
Only take the breakout in the direction of the market bias for higher probability.
🔹 Trade Management
Entry: On candle close outside the ORB box (not just a wick).
Stop Loss: Inside the box, typically just beyond the opposite side.
Take Profit: 1:1, 2:1 R:R, or next support/resistance level.
No Trade: If price chops around inside the box without clear breakout.
🔹 Why Traders Use ORB
It captures early session volatility.
Gives defined risk with the box.
Works across assets (XAU/USD, FX pairs, indices, even stocks).
👉 In short:
Box = Balance.
Break = Imbalance.
Trade the break with the trend, not against it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.